---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-282391"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2021-09-24T23:59:59+00:00"
generated_at: "2026-06-29T01:40:07.648306+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# National Retail Properties issues $450M of 3% notes due 2052; to redeem Series F preferred stock

## Summary
- Closed $450M offering of 3.000% notes due April 15, 2052; net proceeds ~$434.4M after underwriting discount and expenses.
- Proceeds to redeem all 13.8M outstanding depositary shares of its 5.200% Series F Cumulative Redeemable Preferred Stock.
- Remaining net proceeds will fund future property acquisitions and general corporate purposes.
- Interest payable semi-annually on April 15 and October 15, starting April 15, 2022.

## SEC filing metadata
- accession: 0001193125-21-282391
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2021-09-24T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000119312521282391/0001193125-21-282391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000119312521282391/d223735d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-282391
- JSON: https://secwatch.observer/filing/0001193125-21-282391.json
- Plain text: https://secwatch.observer/filing/0001193125-21-282391.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.